Update on Quenia MercedesQuenia is 39 years old and is from Leon originally.
She is grateful for the help she has received through a loan from Kiva. This is the first time that she has worked with this type of loan, and it has been very positive for her business. She used it to buy staples such as corn, lime and firewood. Her sales have increased.
Now she is asking for a second loan in order to buy staples such as tortillas, also cement, sand and wood. She wants to begin to make repairs to her home little by little and likewise improve her business conditions.
Previous Loan DetailsQuenia is originally from a district called Las Marías which is located in León. She is 39 years old and the mother of four children. She is a saleswoman whose business is making and selling tortillas. She has been in this business for one and a half years. She used to sell curd, baked beans ... More from Quenia Mercedes's previous loan »
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid